US EditionAMD falls 17%, posts worst day since 2017 as Lisa Su addresses guidance concerns
AMD beat Q4 expectations with $10.3 billion revenue but forecasted cautious $9.8 billion Q1 sales amid strong AI demand and competition with Nvidia, shares fell 13%.
- On Wednesday, Advanced Micro Devices shares sank 13% after the company's lackluster sales forecast deepened investor doubts despite Tuesday's fourth-quarter results beating expectations.
- First-Quarter guidance of $9.8 billion fell short of elevated AI expectations as some analysts anticipated forecasts topping $10 billion fueled by OpenAI and Oracle megadeals.
- Fourth-Quarter results show a 34% sales rise to $10.3 billion and profit per share $1.53, with $390 million from China sales of older MI308 chips and about $100 million expected this period.
- Shares fell as much as 16% to $204.01 in New York on Wednesday, the biggest intraday decline since October 2018, amid a broader selloff in software stocks and nearly 7% premarket losses, driven by investor concerns over AI impacts.
- Shipping Helios in the second half positions AMD for an AI revenue inflection as CEO Lisa Su predicts tens of billions by 2027, amid Nvidia's $20 billion push tied to Groq.
15 Articles
15 Articles
Should You Buy AMD Stock After Its Steep Sell-Off?
Key PointsAMD's data center business is at an inflection point.Its CPU business is booming.The recent plunge is a valuation reset that makes AMD's stock more attractive.10 stocks we like better than Advanced Micro Devices › Advanced Micro Devices (NASDAQ: AMD) reported substantial revenue and earnings growth when the company announced its fourth-quarter results on Feb. 3, 2026. However, the semiconductor stock plunged by more than 20% amid conce…
AMD suffers worst rout since 2018 on disappointing forecast
Advanced Micro Devices Inc. suffered its worst stock decline in more than seven years after the chipmaker's sales forecast underwhelmed investors, a sign it's not making the AI inroads that Wall Street anticipated.
AMD Stock is Melting Down Again—Time to Buy?
Quick Read AMD dropped over 8% after hours despite beating Q4 estimates. Q1 guidance disappointed investors. China export controls will lower AMD first quarter sales. Upcoming MI450 chips and Helios rack-scale system are encouraging. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best i…
AI doubts resurface as AMD slides 7% premarket on soft sales outlook
Advanced Micro Devices (AMD.O) shares fell nearly 7% in premarket trading on Wednesday after the chipmaker's lacklustre quarterly sales forecast rekindled investor doubts over its ability to take on AI chip bellwether Nvidia. The chipmaker's retreat comes alongside a broader selloff in global software stocks tied to fears that AI will replace software and related tools, following an updated chatbot release from AI developer Anthropic. Read: Spai…
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